(Boursier.com) — HRS rose by 1.1% to 26.90 euros this Friday, while in H1 2021/2022, the group’s turnover stood at 4.5 ME, a jump of 64%. Order intake for the first half of 2021/2022 amounted to 71.4 ME, bringing the total order intake to 82.2 ME since the IPO in February 2021.
Thus, after deducting the revenue already recognized in 2020/2021 and over this semester, the order book stands at 70.1 ME as of January 1, 2022 and the corresponding revenue will be recognized between 2022 and 2026.
HRS once again confirms its ambition to reach 85 ME in revenue by June 30, 2025, the objective being to have delivered 100 new stations over the period.
The group also confirms the objective of achieving around 20% current operating margin by June 30, 2025 thanks to the leverage effect of growth on profitability. “The performance of H1, both operational and commercial, reinforces the company’s prospects” soberly comments Portzamparc who is aiming for a price of 37.40 euros while remaining on the buy side of the file.
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